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Surprise Jump in Auto-Enrolment Take Up But Now New Anxiety For Employers?

Auto-Enrol Anxiety For EmployersHi everyone, on a small rant today!

General lack of public awareness and worry expressed over the take up of the Government’s auto-enrolment workplace pension scheme during the past year may have been somewhat exaggerated.

However, with even the Pensions Minister Steve Webb himself expressing concerns that employee take up could be as low as 35% it would have been no surprise if early results indicated that the scheme was failing to gain traction, inspire confidence…or worse still, was even bombing.

Yet…

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Newsflash: UK Pensions have changed

THE PENSION ACT 2007

As a consequence of Pension Reform legislation, the UK State Pensions System recently changed on July 26th 2007. The Pension Act 2007 was introduced and affects those who reach State Pension age on or after 6th April 2010.

Key points to note are as follows…

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Investment Notice
The value of an investment can go down as well as up and you may not get back as much as you put in
Financial Advice
MP3 and PDF Financial Guides
William on BBC Radio

Here is an interview William gave on BBC Radio Scotland where he spoke with Fred MacAulay and Karen McKenzie about Cash and Investment ISA's

Listen to the BBC show here
Dates and Times

NOTE: I have been writing articles here since 2007 so please take note the date of the article, because obviously, things like laws or tax allowances etc may have changed since then.

I do try my best to keep up to date, but I'm only an humble advisor and there are hundreds of my financial articles here! Please call or email if you need to double check something. I'll gladly help.

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